ClearValue Team Insights
Stay ahead of the curve by accessing the most recent insights from our expert team. Dive into comprehensive analyses and timely updates covering a spectrum of investment-related news and events.
MCD Could Drop to $250
Yesterday we received terrible news for MCD stock. McDonald’s experienced an E. coli break that resulted in 1 death and numerous hospitalizations. I expected MCD stock to drop a lot more, and I remember that Chipotle’s stock took a beating after they experienced an E. coli outbreak. I think MCD is holding up surprisingly well […]Read More
QQQ Continues to Trade Around the White Zone
QQQ has experienced neutral and boring price action since October 8. QQQ is struggling to climb above the white zone, and keeps trading sideways within the white zone. Today QQQ opened with a bearish gap lower, and is trading within the white zone again. Tomorrow we have an important jobs data announcement, I think the […]Read More
Bitcoin Miners Trading Within a Range
MARA has been relatively neutral over the past few months. There is support around $13.66 and resistance at $20.30 and $32.23. I think MARA could continue trading sideways until Bitcoin forms a bullish breakout. CLSK has been relatively more bullish compared to MARA. CLSK has support building on the yellow trendline around $7.94 and resistance […]Read More
QQQ Rebounds Back Into the White Zone
Yesterday QQQ experienced a strong selloff with a break below the yellow support line. However, this morning the US jobless claims had some mixed results. I think overall the US jobless claims is a net positive, and investors are having a bullish reaction to the news. QQQ has quickly rebounded back into the white zone.There […]Read More
SNAP Trading in a Range Between $8.23 and $17.30
SNAP has a tendency to experience large moves around earnings. Since May of 2022 SNAP has traded within a range between $8.23 and $17.30. I would consider buying all dips near $8.23, and I think SNAP will eventually form a bullish breakout above $17.30. For now there are swings within this range for swing trading, […]Read More
TSLA Starting to Rally After Strong Earnings
TSLA reported some strong earnings yesterday and a bullish forecast for the rest of 2024. TSLA has started to rally, and is approaching a key resistance zone between $264.72 and $271.23. I think there will be some selling taking place in this zone. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreHYLN Trading in a Yellow Channel
HYLN has formed a bullish breakout above the red resistance line, and is now trading in a yellow channel between $1.88 and $3.30. I have the white lines as key resistance targets on the way up. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreHOLO Drops to New All Time Lows
HOLO has reached new all time lows after dropping below $4. This was the scenario that I initially discussed with a shakeout to all time lows before a potential rally. Last time there was a 1:10 reverse stock split, a drop to new all time lows, and then a strong rally. This time we have […]Read More
Strong Selloff Continues for BABA
BABA has experienced a rejection just under the $120.12 resistance level, and has suffered a sharp decline for the past 3 weeks. I think BABA is still trending down, and there is risk for more downside. I would monitor for a rebound, and I have $89.21 as the next key support level on the way […]Read More
PayPal Expands Crypto Capabilities to U.S. Business Accounts
PayPal (PYPL) is taking a significant step forward in its cryptocurrency offerings by allowing U.S. business clients to buy, hold, and sell digital assets directly from their accounts. The expansion, announced on Wednesday, marks a new chapter for the payments giant as it seeks to cater to increasing demand from business owners interested in cryptocurrency. […]Read More
Federal Court Rules Crypto Mining Devices as Securities
In a significant development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has once again turned its regulatory focus toward crypto-related businesses. In its latest move, the SEC declared that crypto mining devices, specifically mining ‘boxes,’ are classified as securities. This designation was reinforced by a federal court ruling that sided with […]Read More
Crypto-Stocks Correlation Surges to 67%, Driven by Growing Risk Appetite
The correlation between cryptocurrencies and U.S. stocks has surged to 67%, marking the second-highest level on record, according to a recent report from Bloomberg. This level is only surpassed by the 72% correlation seen in the second quarter of 2022, signifying a significant shift in market behavior. A Spike in Crypto InflowsRecent data indicates that […]Read More